As well as Mr Beveridge, who also chaired an independent commission for the Scottish government into public spending, the Fiscal Commission Working Group includes two winners of the Nobel economics prize, Joseph Stiglitz and Sir Jim Mirrlees, as well as Scottish economist Andrew Hughes-Hallett and Frances Ruane, an Irish expert in public finance.
The Nobel Committee has again awarded the Nobel Prize in Economics to an economist who helped shatter the Keynesian consensus.
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Buchanan, the 1986 recipient of the Nobel Prize in economics who died on Jan. 9 at age 93, was a revolutionary in his field.
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Writing in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne, Mr. Taleb divides the world into those who "get it" and everyone else, a world partitioned into heroes (Popper, Hayek, Yogi Berra), those on notice (Harold Bloom, necktie wearers, personal-finance advisers) and entities that are dead to him (the bell curve, newspapers, the Nobel Prize in Economics).
Now-famed economist, the late Friedrich von Hayek, won the Nobel Prize for Economics in 1974.
Edmund Phelps, winner of the 2006 Nobel prize for economics for his work on savings and labour markets, argues that the structural explanation for Europe's slower growth rates masks deeper problems with dynamism.
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What about a Nobel prize for economics after the Peace prize ?
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J. and corecipient of the 2007 Nobel Prize in economics for theoretical work on market design.
In 1990 he was even named a co-recipient of the Nobel Prize in Economics.
Edward Prescott, a winner of the Nobel prize for economics, blames these transatlantic differences on tax.
Kahneman was awarded the Nobel Prize for Economics in 2002 for his pioneering work in behavioral finance.
Stiglitz was awarded the Nobel Prize in economics in 2001 for his analyses of markets with asymmetric information.
Since his interview with Wanniski, Mundell won the Nobel Prize for economics and honchoed the creation of the euro.
If someone can solve that conundrum, they deserve the Nobel prize for economics.
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My colleague at Princeton, Danny Kahneman, who wasn't even an economist, won the Nobel Prize in economics for behavioral finance.
They almost certainly learned it from Ragnar Frisch, a Norwegian economist, who with Tinbergen shared the first Nobel prize in economics in 1969.
Since the Nobel Prize in economics was established, seven prizes have been awarded to economists who cast serious doubt on Keynesian short-run stabilization.
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In 1978, Herbert Simon was awarded the Nobel prize for economics.
"He is a star of the field, one of the most productive people in his age group, " says Princeton University's Kahneman, who won the 2002 Nobel Prize in economics.
However, Daniel Kahneman, a Princeton University psychologist who in 2002 won the Nobel prize in economics for his contribution to behavioural economics, is an enthusiastic supporter of the new field.
Over 40 years ago Ronald Coase, who won the Nobel prize for economics in 1991, argued that there is no reason why spectrum should be treated differently from, for example, land.
Psychologist Daniel Kahneman, who won the Nobel Prize for Economics in 2002 and authored last year's "Thinking Fast and Slow, " has explored how our conscious thought processes are susceptible to being disrupted by irrational, subconscious influences.
Joseph Stiglitz, the holder of a Nobel prize in economics, claimed in Vanity Fair that the top 1% of Americans were taking in nearly a quarter of the nation's income and controlled 40% of its wealth, though others dispute his numbers.
Relatively few people know of Alfred Nobel as the inventor of dynamite, but he will forever be known as the creator of the Nobel Peace Prize and Nobel prizes for literature, economics, medicine, and the sciences.
Of the 55 economists who have won the Nobel prize since 1969, when economics was added to the roster, nine were teaching at the University of Chicago when they were awarded their prizes, and another 14 either trained at Chicago or had previously taught there.
Giving the Nobel to the Residency Match reminds me of another Nobel Prize in economics.
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Certainly, the Nobel authorities themselves have kept the economics prize at arms' length.
The education establishment is a confirmation of the public choice approach to economics for which James Buchanan was recently awarded the Nobel prize.
But there was a last great burst of fame and influence in the 1970s, when he was awarded a Nobel Prize for economics and feted by free-market politicians on both sides of the Atlantic.
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